When you have one of the best known conservative writers on economics go after the standard GOP talking points that we need more tax cuts for the rich, you know that the right is in trouble. On Bill O’Reilly, Ben Stein did just that: Dave Edwards offers this awesome outtake from this confrontation: O’Reilly went […]
When the S&P downgraded our credit rating last Friday one of the reasons they gave was the inability of Congress to raise revenues, IE tax increases. That’s rather interesting given the Republican front-runner’s handling of credit ratings in the past: Gov. Mitt Romney lobbied the credit ratings agency Standard & Poor’s in 2004 to raise […]
Monday night, House Speaker John Boehner took to the airwaves to taught his deficit reduction plan. Of course the left didn’t like this plan, but they aren’t alone: The debt ceiling deal introduced by Speaker John Boehner (R-Ohio) would save, by one measure, roughly $850 billion over the course of ten years and just $1 […]
Every blog needs to do a post on it because it shows a serious fracture that is developing in the GOP this week: In the wake of the passage of health care reform, nearly the entire slate of Republican senatorial candidates seems ready to run on a repeal of the bill. But now, the lawmaker […]
Or Republican Governor refuses stimulus money because of some failed far right ideology: When President Obama signed the Economic Recovery and Reinvestment Act last week, it included three different provisions to benefit unemployed workers. The first provided funding to states that allowed for a $25 per week increase in benefits. The second extended the Emergency […]
Dejavu all over: The Bush administration said Monday the only way to permanently fix Social Security is through some combination of benefit cuts and tax increases. That was one of the key findings in a new paper on Social Security released by the Treasury Department in an effort to achieve common ground on the politically […]